CYBERONICS INC 4
4 · CYBERONICS INC · Filed Sep 18, 2013
Insider Transaction Report
Form 4
CYBERONICS INCCYBX
Hoare Rohan
SR VP Strategic Planning
Transactions
- Award
Common Stock
2013-09-15+4,492→ 4,492 total - Award
Option to purchase common stock
2013-09-15$51.53/sh+9,972$513,857→ 9,972 totalExercise: $51.53Exp: 2023-09-15→ Common Stock (9,972 underlying)
Footnotes (2)
- [F1]Reporting Person was granted restricted shares of common stock, all of such shares shall vest and all forfeiture restrictions thereon to lapse on September 15, 2016. The restricted shares are subject to forfeiture prior to vesting in accordance with the terms of the Restricted Stock Agreement.
- [F2]Reporting person was granted an option to purchase 9,972 shares of common stock, 25% of the shares under such option to vest on each of the next four anniversaries of September 15, 2013. The option to purchase such shares is subject to forfeiture prior to vesting in accordance with the terms of the Stock Option Agreement.